2012 Outstanding 50 Award Brochure
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Introduction by MCs Juju Chang and Michael Kim • Welcome John Wang President • Asian American Business Development Center • Presentation of Lifetime Achievement Award to Norman Y. Mineta Global Vice Chairman • Hill & Knowlton Presented by Malcolm A. Smith New York State Senator • Presentation of Pinnacle Award to 1 Dinesh C. Paliwal Chairman, President and Chief Executive Officer Harman International Industries, Inc. Presented by John C. Liu New York City Comptroller • Presentation of Outstanding 50 Asian Americans in Business Awards • Closing Remarks Kamesh Nagarajan 2010 Outstanding 50 Award Recipient Entertainment: Paul Ramsey Group Dinner Program 3 5 Message from AABDC I extend my congratulations to the recipients of the 2012 Outstanding 50 Asian Americans in Business Award, the Lifetime Achievement Award and the Pinnacle Award for their unflinching determination to succeed, and for their many accomplishments. Tonight’s honorees will join the ranks of over 450 high achieving individuals who have been honored at the annual Outstanding 50 Award Gala since 2001. They represent a microcosm of the best of Asian American entrepreneurship and professionalism, with a pool of diverse and multi-talented individuals engaged in a wide range of business interests. The depth and breadth of their business undertakings clearly demonstrate that Asian Americans are an integral part of the larger economy. Asian American entrepreneurs have multilingual and multicultural backgrounds that make them ideally suited to helping the U.S. stay competitive in the global 7 economy. Corporations can leverage their Asian American professionals within their ranks to enhance business in Asia and broaden its own appeal as a global leader. On this eleventh year of the Outstanding 50 Award Gala I am very thankful to our sponsors for their support, without which this event would not be possible. In particular, allow me to thank Alain Huy, Director of Marketing, North America for his generous gift of a Zenith watch to each recipient of the Lifetime Achievement Award and Pinnacle Award. Sincerely yours, John Wang President, AABDC Gala Dinner Co-MCs Juju Chang Juju Chang is an Emmy Award-winning correspondent for ABC News “Nightline.” She also reports regularly for Good Morning America and 20/20. Ms. Chang also hosts “Moms Get Real,” a digital show for ABC News NOW. She received one of two Emmy Awards for team coverage of the California wildfires, and one of her two Gracie awards for a “20/20” story on gender equality in the sciences. Ms. Chang was a former news anchor for Good Morning America, and the early morning newscasts “World News Now” and “World News This Morning”. She began her career at ABC News as a desk assistant and became a producer at “World News Tonight.” She rose to become a correspondent covering international stories. In 1996-1997 she covered the White House, Capitol Hill and the 1996 presidential election. Born South Korea and raised in California, Ms. Chang graduated with honors from Stanford University with a BA in political science and communication, and she was awarded the Edwin Cotrell Political Science Prize. She is an active member of the Council on Foreign Relations and a founding board member of the Korean Ameri- 11 can Community Foundation. Michael Kim Michael Kim is the lead presenter for SportsCenter on ESPN America, the network dedicated to fans of U.S. sports, which reaches more than 18 million homes across more than 40 countries in Europe, the Middle East and Africa. Mr. Kim joined ESPN as one of the original presenters on ESPNEWS and in his more than 14 years at ESPN, he has also contributed as an anchor to ESPN’s US edition of SportsCenter and other ESPN news and information programming including First Take, NHL Tonight. Prior to ESPN, Mr. Kim covered sports at NewsChannel 8 in the Washing- ton, D.C., area. He has earned multiple awards in his career, including a 1993 local Emmy Award from the Capital Region Chapter for a series titled Local Heroes, which was also recognized as the “Best Sports Series” by the Society of Professional Journalists. A native of Columbia, Mo., Mr. Kim earned a Bachelor of Arts degree in political science and business administration from Westminster College (Fulton) and a Master of Arts degree in journalism from the University of Missouri. In 2008 he received an honorary doctorate of humane letters from Westminster College. 2 0 1 2 AWARD RECIPIENTS Lifetime Achievement Award Norman Y. Mineta Global Vice Chairman • Hill & Knowlton Secretary Norman Y. Mineta is Global Vice Chairman of Hill & Knowlton based in its Washington, DC office. Secretary Mineta provides counsel and strategic advice to Hill & Knowlton clients on a wide range of business and political issues. He is well known for his work in the areas of transportation – including aviation, surface transportation, and infrastructure – and national security. He is recognized for his accomplishments in economic development, science and technology policy, foreign and domestic trade, budgetary issues and civil rights. Secretary Mineta’s career in public service has been both distinguished and unique. For almost thirty years, he represented San Jose, California first on the City Council, then as Mayor, and then from 1975 to 1995 as a Member of Congress. Throughout that time, he was an advocate of the burgeoning technology industry. 13 Secretary Mineta served as the Chairman of the House Transportation and Public Works Committee from 1992 to 1994, after having chaired the Subcommittee on Aviation and the Subcommittee on Surface Transportation. He was the primary author of the groundbreaking ISTEA legislation – the Intermodal Surface Transportation Efficiency Act of 1991. In 2000, he was appointed by President Bill Clinton as the United States Secretary of Commerce. Secretary Mineta was appointed Secretary of Transportation by President George W. Bush in 2001, where he served until 2006. Following the horrific terrorist acts of September 11, 2001, he guided the creation of the Transportation Security Administra- tion – an agency with more than 65,000 employees – the largest mobilization of a new federal agency since World War II. Recognized for his leadership, Secretary Mineta has received numerous awards, including the Presidential Medal of Freedom – our nation’s highest civilian honor – and the Wright Brothers Memorial Trophy, which is awarded for significant public service of enduring value to aviation in the United States. While in Congress, he was the co-founder of the Congressional Asian Pacific American Caucus and Chair of the National Civil Aviation Review Commission in 1997. Pinnacle Award Dinesh C. Paliwal Chairman, President and Chief Executive Officer Harman International Industries, Inc. Dinesh Paliwal has served as President and Chief Executive Officer of Harman International (NYSE:HAR) since July 1, 2007, and was also appointed Chairman on July 1, 2008. He instituted major change initiatives at Harman to simplify and strengthen the company’s operations. These include the formation of a diverse and multi-cultural board, recruitment of a seasoned executive management team, expansion of the company’s footprint and revenue in the emerging markets, propelling Harman’s innovation pipeline dramatically. To put the company on a profitable growth trajectory, he transformed the company culture and launched best in class business processes which delivered an unprecedented $450 million in sustained cost savings. Mr. Paliwal has worked and lived in six countries on four continents, including the United States, China, Switzerland, Singapore, Australia, and India. Prior to joining 15 Harman, he spent 22 years with ABB Group, where he last held the dual role of President of ABB Group with responsibility for the company’s global P&L, and Chairman/CEO - ABB North America. He drove profitable growth by eliminating the cultural and organizational silos among multiple P&L operations globally and turned the multi-billion North American operation profitable following 18 years of losses. In addition to the Harman Board, Mr. Paliwal serves on the board of Tyco International. He also serves on the board of American India Foundation (AIF) and Business Advisory Council of Farmer School of Business, Miami University. He is a member of the CEO Business Roundtable in Washington, DC. In 2010, E&Y named Mr. Paliwal ‘Entrepre- neur of the Year’ for New York region, and Global Organization of People of Indian Origin (GOPIO) honored him with ‘Indian American Achiever’ Award. In 2011, Ameri- can India Foundation (AIF) honored him for ‘Corporate Leadership’. He was inducted in the International Honor Society Beta Gamma Sigma in 2012. Mr. Paliwal earned a Masters degree in Engineering from the Indian Institute of Technol- ogy (IIT Roorkee). He also earned a Masters degree in Applied Science and Engineering and went on to earn a Masters degree in Business Administration, both from Miami University, Ohio. Reddy Annappareddy Founder / President • Pharmacare, LLC Dr. Reddy Annappareddy came to the U.S. in 1992 and in 2006, after having worked for Rite Aid and University of Maryland Medical Systems for over 12 years, founded Pharmacare, an independent pharmacy chain based in Maryland, which now has eight stores in four states. There are plans to open in 12 more locations in six states. Under Dr. Annappareddy ‘s leadership, Pharmacare’s revenues grew from $12,000 in 2006 to over $50 million in aggregate annual sales and the company currently employs over 100 full-time employees. Dr. Annappareddy has been recognized by many organizations and business publica- tions such as Ernst & Young Entrepreneur of the Year – 2010; “Future 50 CEO’s” to watch by Smart CEO Magazine in 2010; one of the CEOs of Inc. 500 “Fastest Grow- ing 500 firms in USA – 2011; one of the ‘’Top 10 CEO’s of East-Asian Origin” in the Inc.500 List. 17 Taseer Badar CEO • ZT Wealth, Inc. and Altus Healthcare Management Services Taseer Badar began his career with Morgan Stanley Dean Witter, founding ZT Global Investments, ZT Wealth’s predecessor company, in 1997.